I don’t want to have to go back and look things up, but if I recall, the 500 billion run on Money Market accounts from a foreign source scared the snot out of Bush. Paulson then had him thinking that if they didn’t do the bailout “right away” the entire global financial system would break down and there would be rioting in the streets.
October surprise to help Obama - and allow the Wall Street guys to clean up. Yes?
Yeah, you’re so right. The more I think about this, the more I feel that the Bush administration laid all the groundwork (for not only setting up Obama to win the election), but also for setting things up conveniently by ‘opening up the faucet’ ahead of time for the Barbarians now inside our city gates.